Statement of Principles & Code of Practice
In accordance with sections 6 and 7 of
the Act, the Authority has published a Statement of Principles and Code of
The Statement of Principles provides
guidance on the Authority’s approach in interpreting the minimum criteria for
licensing and grounds for revocation; in exercising its power to grant, revoke
or restrict a licence; in exercising its power to obtain information, reports
and to require production of documents; and in exercising other enforcement powers.
The Code of Practice provides guidance as
to the duties, requirements, procedures
and standards, to be complied with, and
the sound principles to be observed by persons carrying on corporate service
provider business. The Code should be read in conjunction with the Statement of
Principles issued under section 6 of the Act.
Copies of the Statement of Principles and Code of Practice, as well as
additional forms relating to the Corporate Service Provider framework can be
found in the
Document Centre under Policy & Guidance/Corporate Service Providers.